StorageVault Canada (OTCMKTS:SVAUF) Trading Down 1.2% – Should You Sell?

StorageVault Canada Inc. (OTCMKTS:SVAUF) fell 1.2% on Thursday . The company traded as low as $3.40 and last traded at $3.40. 27,249 shares were traded during trading, an increase of 18% from the average session volume of 23,137 shares. The stock had previously closed at $3.44.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SVAUF. BMO Capital Markets started coverage on StorageVault Canada in a research report on Wednesday, August 27th. They set an “outperform” rating on the stock. TD Securities reaffirmed a “buy” rating on shares of StorageVault Canada in a research note on Thursday, October 23rd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, StorageVault Canada presently has an average rating of “Moderate Buy”.

StorageVault Canada Stock Down 1.2%

The business’s 50 day moving average is $3.47 and its 200-day moving average is $3.35.

StorageVault Canada Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a $0.0022 dividend. This represents a dividend yield of 24.0%. The ex-dividend date of this dividend was Monday, September 29th.

StorageVault Canada Company Profile

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space to individual and commercial customers in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages various stores owned by third parties; and stores, shreds, and manages documents and records for customers.